UOB Kay Hian has maintained its “buy” rating on Frencken Group with a target price of $1.37 on the expectation of a stronger 2H20 earnings for the company.  Analyst Clement Ho has noted that demand for semiconductor components remains strong and said the semiconductor segment is estimated t...

Singapore is “one step closer to dawn”, according to DBS Group Research analysts Yeo Kee Yan and Janice Chua, after companies’ earnings in 2Q20 bore the brunt of the global lockdowns with a sharp 14.9% cut in FY20F earnings for stocks covered by the bank. “With global economies reopening, ma...

Large blue-chip stocks tend to be the focus of investors because their long-established track records are expected to result in positive performances. But who says small and mid-cap stocks cannot do well too? According to UOB KayHian, 40% of the companies under its small-mid cap coverage that report...

Rising global optimism about a coronavirus treatment is prompting a top Singapore analyst to take a bullish view of pandemic-hit small stocks in the city-state. Newsflow related to the development of a vaccine can stoke long bets on Covid losers, according to Jarick Seet, who was ranked by the Asiam...

The “worst is over” for supply chain Frencken Group Limited, says DBS Group Research, a day after the company posted a 4.9% dip y-o-y in earnings to $18.7 million for 1H2020. DBS Group Research analyst Ling Lee Keng is maintaining “buy” on the company with a raised target price of $1.43. “...

For the 1H20 ended June, Frencken Group registered earnings of $18.7 million, down 4.9% from the $19.7 million a year ago. This translates to earnings per share (EPS) of 4.39 cents for the period on a fully diluted basis. Revenue for the same period dropped 9.6% y-o-y to $292.5 million on the back o...

SINGAPORE (July 13): Despite the Covid-19 pandemic and US-China rivalry rattling markets in recent months, Maybank Kim Eng (MKE) analyst Gene Lih Lai has initiated a “buy” call on the technology hardware manufacturer, Frencken. Quality growth and its relative insulation against geoeconomic confl...

MAYBANK Kim Eng on Sunday initiated coverage of Frencken Group with a "buy" call and a target price of S$1.20, citing quality growth, diversity and margins.

SINGAPORE (July 3): RHB Group Research is keeping its “overweight” rating on the technology sector as the semiconductor industry is expected to see a recovery. Sustained capital equipment spending and the global memory rebound can be expected for 2H20, too. In a Friday report, lead analyst Jaric...

SINGAPORE (July 1): Amid the novel coronavirus (Covid-19) pandemic and expectations of higher global fabrication equipment spending, Frencken Group’s diversified revenue streams should bode well for the company, according to DBS Group Research. This should provide “resilience” and “stability...